Common Room (HDB) for Rent in 118 Ang Mo Kio Avenue 4

The valuation of the HDB 2-room unit located in Ang Mo Kio, with a remaining lease of 51 years, stands at an estimated value of $63,823, translating to a price per square foot (PSF) of $491. This valuation reflects a market price that is aligned with the baseline, indicating a stable demand in this well-regarded residential precinct. The model confidence is rated as high, bolstered by an analysis of 23 recent HDB resale transactions in the vicinity, which provides a robust dataset for comparative assessment.

Ang Mo Kio remains a sought-after location due to its strategic connectivity and comprehensive amenities, which continue to support a resilient property market. The remaining lease of 51 years is a vital consideration for potential buyers, as it provides a balance between affordability and the longevity of ownership. As market dynamics evolve, it is essential for potential investors and homeowners to weigh the implications of lease longevity on future resale value and overall investment potential.